During the week ending May 19, broad Money M3 increased by LP 184B ($122.13M) to reach LP 189,129B ($125.46B). M3 registered a 6.91% yearly growth and a 1.36% year-to-date uptick. Meanwhile, M1 regressed ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 0.32% progress in assets from December 2015’s level of $185.99B to $186.59B in February 2016, reflecting a 5.68% year-on-year (y-o-y) ... read more
Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
The balance sheet of the Lebanese Central Bank, BDL, posted a 1.42% monthly increase in total assets to $92.19B in January 2016. Foreign assets, constituting 40.15% of total assets, inched down by 0.20% ... read more
Byblos Bank announced its financial results for the year 2015 revealing a declining net profit by 8.48% year-on-year (y-o-y) to $160.60M. This was driven by declines in net fees and commissions and net ... read more
Total consolidated assets of commercial banks amounted to $183.18B in the first 11 months of 2015, recording a 4.26% growth since year start, and an expansion of 6.37% year-on-year (y-o-y). In terms of ... read more
The Central Bank’s (BDL) balance sheet revealed an increase of 6.07% annually in total assets to $90.90B by End-December 2015. Foreign assets, constituting 40.80% of total assets, inched down by 2.04% ... read more
According to Credit Libanais’ Income Statement, the bank’s net profit posted a 19% year-on-year upturn to $53.75M by September. The higher profit came about as net interest income grew by a yearly 11% to ... read more
The political and security developments in Lebanon and the region continued to weigh heavily on the Lebanese economy during 2015. GDP growth declined to 0.5% and could have turned negative if not for the ... read more
Total consolidated assets of commercial banks hit $182.27B by October, a 3.74% growth since year start, and an expansion of 6.42% year-on-year (y-o-y). In terms of assets, total reserves, with a weight of ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here